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--Please excuse our appearance while we are upgrading our webpage!-- LEMA staff, October 22, 2007
Participate in an EXPERIMENT!!
Smeal faculty and students are welcome to use LEMA for research purposes. LEMA is also available to demonstrate games and markets to MBA and Ph.D. students. First priority is given to research. LEMA is not available for standard classroom labs. Contact us for information.
Visit LEMA on the web
The Laboratory for Economics Management and Auctions (LEMA) provides researchers in economics and management with a laboratory environment in which the object of study can be manipulated in a controlled way (much as lab techniques are used in natural sciences). The lab houses a computer network designed to simulate business activities such as markets and negotiations. Ongoing areas of inquiry include auctions, bargaining and dispute resolution, electronic markets, mechanism design, and decision support systems. In addition to research, LEMA produces classroom software, providing students with hands-on demonstrations of market principles and of decision-making behavior. LEMA was made possible through grants from IBM, the Pennsylvania Department of Education, and the Smeal College of Business.
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We gratefully acknowledge the support of:
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